N.J. sets ‘aggressive’ 2 GW storage target by 2030

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PETER MALONEY / UTILITYDIVE.COM – New Jersey has adopted an energy storage goal, becoming the fifth state with some form of energy storage target.

The state’s storage goal is part of a broader legislative effort, A 3723, that was signed into law last week, along with a law establishing a zero emission credit program for nuclear power plants.

The Renewable Energy law requires New Jersey’s Board of Public Utilities to submit a report on energy storage to the governor and legislature within one year. Six months later, the BPU is required to begin work to establish a process and mechanism “for achieving the goal of 600 megawatts of energy storage by 2021 and 2,000 megawatts of energy storage by 2030,” according to a New Jersey Assembly Appropriations Committee statement …

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